South Korea LG may ditch plan for rollable smartphone upon biz restructuring

Share This Post

(The Koreaherald)

LG Electronics Inc., a South Korean tech firm, may scrap a plan to develop a smartphone with a rollable display, industry observers here said Monday, amid growing speculation that the South Korean tech giant will ditch its money-losing mobile business.

LG reportedly told its parts suppliers, including Chinese display maker BOE, to put the rollable smartphone development project on hold, according to industry sources. The parts makers may request compensation from LG in the future for their development efforts, they added.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Do You Want To Boost Your Business?

drop us a line and keep in touch

Scroll to Top